Rigetti Computing's revenue fell 34% in 2025, with Q1 2026 showing operational losses despite a GAAP net income boost from accounting adjustments. The company lacks clear revenue guidance and faces skepticism amid high valuation and insider stock sales. In contrast, IonQ reported a 755% revenue increase in Q1 2026, a $470 million backlog, and expanded enterprise contracts, positioning it as a more reliable quantum computing investment. Investors should watch IonQ's ability to convert backlog into revenue and Rigetti's efforts to grow organically to justify its valuation.
The Defiance Quantum ETF (QTUM) gained 54.2% year-to-date in 2026, significantly outperforming the S&P 500's 11% and Nasdaq-100's 21%. This rise is driven by its equal-weighted structure that amplifies growth from smaller quantum computing firms like...
Rigetti Computing ended Q1 FY26 with $569 million in cash, no debt, and a 198.9% year-over-year revenue increase, signaling strong financial health. The company expects to recognize $2.7-$3.0 million from a Novera QPU order in Q2, supporting near-ter...
